Ocean carriers
Panama Canal Shipments Show No Evidence of Preferential Vessel Treatment
Data from Project44 suggests that transit times appear to reflect the efficiency of individual ocean carriers…
Uncertainty Over Israel-Hamas Ceasefire Puts Red Sea Return in Peril
With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would…
Maersk CEO: ‘You Get One Shot’ at Red Sea Return
Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels…
WWD Recommends
Trump Tariffs Throw a Wrench in Ocean Carriers’ Desire for Predictability
If the new China tariffs stick, they would cause significant challenges for carriers relating to new pricing…
Suez Canal Expects ‘Further Stability’ in Coming Weeks
Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier…
Amazon Slapped with $96M Complaint by Chinese Ocean Carrier for Breaking Contract
The e-commerce giant backed out of a two-year contract after an 11-month period where spot freight rates…
A Peek Inside India’s $9 Billion Vadhvan Port Project
By the time the port is completed in 2039, it is expected to be the largest container handling hub in India…
A Renewed US Shipbuilding Push Has Potential Side Effect—Higher Shipping Costs
The SHIPS for America Act proposed in Congress would be a boon to maritime shipping and security, but could…
Houthi Threat on Red Sea Shipping Still ‘Conditional’ Despite Israel-Hamas Ceasefire
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of…
Red Sea Return Still Risky After Israel-Hamas Ceasefire
Hapag-Lloyd reiterated it will return to the Red Sea "when it is sufficiently safe to do so," while Maersk…
Crate & Barrel Says Ocean Carriers Failed to Honor Service Contracts
The home decor retailer and another now-bankrupt wholesaler, NBG Home, are the latest firms to take alleged…
As Retail Hails East Coast Port Deal, US-Bound Container Prices Might Ease
NRF and RILA are breathing a sigh of relief, while firms like Maersk, Hapag-Lloyd and Cosco saw stock prices…
Cosco Shipping Designated a Chinese Military Asset by US Department of Defense
The blacklist does not carry specific penalties, but discourages U.S. firms from doing business with the…
The Red Sea Crisis May Have Prevented an Overcapacity Crunch
Average capacity offered on Asia-to-Europe routes has increased just 8.8 percent, despite 31 percent more…
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed…